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Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?

To: Mark Pritikin who wrote (7991)	6/26/1999 11:35:00 PM
From: manny t	Read Replies (1) \| Respond to of 9523

<<Given PFE is in effect trading around 33 post split now, I can see it breaking 30 and testing 52 week low.>> I really don't think so. People who never bought a share of PFE will now grab it at a split price of 33. IMHO, Manny T.

To: Mark Pritikin who wrote (7991)	6/27/1999 2:02:00 PM
From: American Spirit	Respond to of 9523

I disagree based on recent splits of ATHM, INTC, LU, DELL. After the split they kept rising until the market drew them down. I know these are different companies but PFE at 33 is more attractive - psychologically at least. That is the case with splits and perhaps why they do them. It is a bullish move. Besides I believe PFE's been battered down anouth (by 1/3 from recent high) and that the pharma sector itself is overdue for a rebound.